GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Reports - December 2017, page-24

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    From September 2017 quarterly report.

    The technical and financial evaluation for the construction of an ultra fines DMS circuit, a secondary float re-crush circuit and a final product optical sorter, is substantially complete. These plant improvement projects will support being able to target increased recoveries of 70-75%. The construction and commissioning of these improvements to the process plant are planned to be completed by the end of Q1 2018.


    From December 2017 quarterly report.

    The technical and financial evaluation for the construction of an ultra fines DMS circuit, a secondary float re-crush circuit and a final product optical sorter, has been completed. These plant improvement projects will support being able to target increased recoveries of 70-75%. The construction and commissioning of these improvements to the process plant are planned to be completed during early Q3 2018.

    Thats a bit disappointing.
 
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